Turning Your Home Into a Rental Property: Tips for Homeowners
If you own a great home or condo in an in-demand location, you may be pondering the idea of turning it into a long-term rental property. By keeping your home as a rental instead of selling it to a new owner, you’ll diversify your portfolio and build equity over the years — all while having your renters pay the monthly mortgage. Before converting your house into a rental, however, you’ll need to ensure that your